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U.S. hikers released by Iranian authorities

ValBrickates Kennedy

BOSTON (MarketWatch) -- Two American hikers accused of spying for the U.S. government have finally been released by Iranian authorities after spending more than two years in prison, Fox News reported Wednesday. Shane Bauer and Josh Fattal were reportedly en route to Tehran airport Wednesday after each posted $500,000 in bail. The two men, along with a third friend, Sarah Shourd, were arrested by Iranian authorities in 2009 while hiking along the Iran-Iraq border. An Iranian court subsequently sentenced the men to eight years in prison for espionage. Shourd was released last year on bail.

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